Ayena Gabitan, Accounting Manager

Ayena Gabitan

Accounting Manager

Seadrill Management Ltd. U.A.E. – Bermuda based Company

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Accountancy (CPA)
Experience
26 years, 4 Months

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Work Experience

Total years of experience :26 years, 4 Months

Accounting Manager at Seadrill Management Ltd. U.A.E. – Bermuda based Company
  • United Arab Emirates - Dubai
  • My current job since May 2011

 Reporting to the Regional Finance Director in Dubai and work closely with operation in Saudi to ensure finance support is provided as and when required
 Oversee the cost controller functions on accounting and reporting activities, including budgeting and forecasting, monthly and annual statutory tax filing and financial audit in Saudi Arabia to Regional office in Dubai and Corporate office London/Dubai
 Consolidate and review the monthly KPI reporting of Saudi and prepares the AME region quarterly external reporting package, which include:
• Monthly BSR review, quality documentation review and follow-up issue resolution
• Highlight any areas of concern in Financial Reporting to Senior Management
 Have contributed to the success of Seadrill finance start-up phase set-up, such as:
• I am one of the first 4 personnel who successfully moved the finance functions from Stavanger, Norway to Dubai
• Developed policies, procedures and process flow for Regional Office finance operation and reporting
• Has successfully implemented the finance rank and file role org. restructuring, design and implement job description
• Design various reporting templates to facilitate regional consolidation report
 I am one of the key players for Oracle system design simplification and standardization project called OneSeadrill:
• I was appointed for AME Region Finance representative to represent in OneSeadrill project
• Appointed as super user role in AME, responsible for testing and accepting the new solution, region main resource to support end users after go live, give training to end users for system functionality, point of contact by the project team, member of super-users network
 AME region SOX delegate for over a year with no major control and compliance deficiencies.
• Have contributed to the enhancement of SOX controls which tailored fit to the actual operation

Chief Accountant at Motivate Publishing, U.A.E. – Managed by a British National
  • United Arab Emirates - Dubai
  • January 2008 to May 2011

 Reports to the GM- Finance and reports to the Managing Partner in the absence of GM-Finance.
 Working closely with HODs and participates in the senior management meeting in the absence of GM-Finance.
 Manage and supervise accounting staffs daily finance operations, coordinates with bank for any business requirement, weekly cash position report, control project costs and corporate expenses, prepares mid-monthly financial forecast, monthly and annual financial closing and reporting, analyses the financial results against budget, investigate huge variances, recommend course of action and monthly review of general ledger accounts.
 Meet regularly with sales team to keep inform of the market conditions and give financial advice whenever necessary to ensure that new business development is profitable.
 Responsible in the review and enhancement of accounting workflow, streamline defective procedures, implementation and documentation of policies and procedures.
 Coordinates with auditor and oversee internal and external audit requirements.

Senior Accountant at Society of Petroleum Engineers, U.A.E. - based American Company
  • United Arab Emirates - Dubai
  • May 2006 to December 2007

 Report to the Middle East director of operations and Dallas Texas SPE Group finance manager.
 Responsible for execution and reporting month-end transactions, financial analysis and management of annual audit. Overall in-charge in cash management, dealing with banks and cash flow projections for the director of operations and event managers.
 Planned and managed daily tasks of accounts assistant and annual performance review.

Accounting Manager at Tann Philippines, Inc.
  • Philippines
  • July 2002 to March 2006

 Reports to Country Managing Director
 Significant experience in financial and business planning, general accounting, cost accounting and auditing.
 Key member of management team responsible for the Philippine Accounting & Finance operations and headquarter financial reporting in Austria.
 Financial lead in systems implementations - ACCPAC accounting software and Pentasoft Payroll system, each resulting in greater departmental performance and efficiency.
 Recognized by the Company as:
• High contributor to its successful startup and a major key player who helped build the Company during the start-up phase,
• Showing noteworthy strength in managing people and trustworthy,
• Demonstrating consistent commitment and dedication to improvement and excellence,
• A team player with very good interpersonal skills,
• Always willing to take on new challenges outside of her areas of direct responsibility.
 Successfully set-up the Accounting Department functions, monthly reporting, and the subsequent streamlining and automation of the accounting systems.

Finance Manager at M+W Zander Inc.
  • Philippines
  • March 2001 to June 2002
Chief Accountant at Majectic Ham & Food Products, Inc.
  • Philippines
  • August 2000 to January 2001
Senior Associate Auditor at KPMG Intl. - Laya Mananghaya & Co., Phils.
  • Philippines
  • November 1997 to August 2000

-Assisted teh manager and/or partner in managing various engagements involving attest audit, due deligence review, and business assurance jobs. Supervised engagements, identifies staffing requirements and reviews audit work papers to ensure that the audit plan and strategy are appropriately accomplished to satisfy audit objectives and audit report conclusion.
-Key Areas of Audit Experience: Attest audit, Due deligence audit review, Control and Operations Review, Review of Accounts and Accounting Services.

Education

Bachelor's degree, Accountancy (CPA)
  • at Polytechnic University of the Philippines
  • October 1995

Specialties & Skills

Government
Monthly Reporting
Preparation
Financial Statement preparation, analysis and reporting
Budget and forecase preparation
Strong knowledge in Phil GAAP (formatted to US GAAP), Austriann GAAP, IAS and IFRS
External auditing of Public Companies
Accounting/Finance/Audit
Review and set-up of internal controls, procedures and business processes.
SAP, ACCPAC Software, Pentasoft Payroll System

Languages

English
Expert

Memberships

Phil. Inst. of CPA's
  • member
  • May 1997